The Athletics Equipment Market in Denmark has shown steady growth from 2012 to 2022, starting at $144.5 million in 2012 and reaching $245.58 million by 2022. The market experienced fluctuations, with notable increases in 2013 (22.29%) and 2017 (17.66%), while seeing a decline in 2015 (-5.54%). Over the last two years, the market has grown consistently, recording annual growth rates of 2.44% in 2021 and 2.34% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at 2.29%, indicating a moderate pace of growth.
- Steady growth from 2012 to 2022.
- Significant annual increases in 2013 (22.29%) and 2017 (17.66%).
- Decline observed in 2015 (-5.54%).
- Consistent growth in the last two years, with 2.44% in 2021 and 2.34% in 2022.
- CAGR over the last five years is 2.29%.
Future trends to watch for include the impact of technological advancements in sports equipment, increasing awareness and adoption of fitness activities, and shifting consumer preferences towards sustainable and eco-friendly products. These factors are expected to drive further growth and innovation in the Athletics Equipment Market in Denmark in the coming years. As we are in 2024, keeping an eye on these evolving trends will be crucial for market players.
